Way of the Trade: Tactical Applications of Underground Trading Methods for Traders and Investors - Original PDF

دانلود کتاب Way of the Trade: Tactical Applications of Underground Trading Methods for Traders and Investors - Original PDF

Author: Jea Yu(auth.)

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This is the essence of underground. It is way beneath the surface, and the only way to get there is by digging your way by shovel (or credit card). The passion for depth and the comfort of sharing that with a community of like‐minded humanoids is the house of UndergroundTrader. In my book Trading Full Circle, I said the journey is the reward. Here, in Way of the Trade, I’m saying the journey produces a by‐product prize. The deeper one digs reaching more depth, the more of this heavenly prize one attains. What is this prize you ask? Knowledge? Close, but not quite. The prize is Enlightenment. When very specific, much sought after, deprived knowledge is acquired it bridges the gaps and fills the voids allowing the current to flow uninterrupted to the light bulb! The synapses get overloaded with a power surge of depth that triggers a euphoric chemical reaction from the stimulation of dopamine production. Enlightenment is a drug. Enlightenment is nourishment for the soul. That makes UndergroundTrader.com the temple, or pharmacy, for those hungering for this heavenly prize. Way of the Trade is a pill that you should swallow at your own pace to let the enlightenment manifest itself and flow warmly and continuously

سرچ در وردکت | سرچ در گودریدز | سرچ در اب بوکز | سرچ در آمازون | سرچ در گوگل بوک

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The term underground suggests something hidden from the masses, be it a tangible product, information, a service, a movement, or a philosophy. It implies something special due to its rarity. As anything gets surfaced, be- comes widespread, conventional, and mainstream, the urge for replenishing the depth transpires. That urge becomes a necessity. It was that necessity that sparked the birth of UndergroundTrader.com in 1998. There was the craving to dig, discover, deliver, and share a deeper un- derstanding of the markets and to fi nd ways to capitalize from the knowledge. When someone quips, “Wow, that is deep . . .,” that’s the acknowledgement of depth, and UndergroundTrader.com is all about soaking, eating, drinking, sleeping, and swimming in depth. We are full of it! Depth, that is. The deeper you dig, the more you grow to appreciate depth. This is how you develop a passion for it. The true students and afi cionados of any en- deavor share a deep passion for the depth of knowledge, be it Italian wines, haute cuisine, fashion, antiques, baseball cards, architecture, scrap booking, quantum physics, astrology, knitting, engineering, trading and so forth. The deeper you delve into any endeavor, the more passionate you become. This is organic and feeds the natural inclination for growth. Not to work from the ground up, but from the surface DOWN. The best way to trigger that innate hunger is to reveal the simplistic purity of what lies beneath.

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اصطلاح زیرزمینی چیزی را نشان می‌دهد که از توده‌ها پنهان است، خواه یک محصول ملموس، اطلاعات، خدمات، جنبش یا فلسفه باشد. به دلیل نادر بودن، چیز خاصی را بیان می کند. با آشکار شدن هر چیزی، رایج، متعارف و جریان اصلی می شود، میل به پرکردن عمق آشکار می شود. این اصرار تبدیل به یک ضرورت می شود. این ضرورت بود که جرقه‌ای برای تولد UndergroundTrader.com در سال 1998 شد. میل به حفاری، کشف، ارائه و به اشتراک گذاشتن درک عمیق‌تر از بازارها و یافتن راه‌هایی برای سرمایه‌گذاری از دانش وجود داشت. وقتی کسی به طعنه می گوید: «وای، این عمیق است. . .،” این تصدیق عمق است، و UndergroundTrader.com همه چیز در مورد خیساندن، خوردن، نوشیدن، خوابیدن و شنا کردن در عمق است. ما پر از آن هستیم! عمق، یعنی. هر چه عمیق تر حفاری کنید، بیشتر رشد می کنید تا عمق را درک کنید. اینگونه است که شما به آن علاقه پیدا می کنید. دانش‌آموزان واقعی و علاقه‌مندان به هر تلاشی، اشتیاق عمیق به عمق دانش دارند، خواه شراب ایتالیایی، غذاهای تند، مد، عتیقه‌جات، کارت‌های بیسبال، معماری، رزرو ضایعات، فیزیک کوانتومی، طالع بینی، بافندگی، مهندسی، تجارت و غیره هر چه در هر تلاشی عمیق‌تر بشوید، اشتیاق بیشتری پیدا می‌کنید. این ارگانیک است و تمایل طبیعی برای رشد را تغذیه می کند. نه برای کار از زمین به بالا، بلکه از سطح پایین. بهترین راه برای برانگیختن این گرسنگی ذاتی این است که خلوص ساده آنچه در زیر آن نهفته است آشکار شود.

 

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Author(s): Jea Yu(auth.)

Publisher: Bloomberg Press, Year: 2013

ISBN: 9781118590683,9781118662779,1118590686

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vii Contents Preface xiii Acknowledgments xxi CHAPTER 1 The Mutation 1 The Phantom Menace 2 Typical HFT Sheep Skinning Cycle in 2009 to 2012 8 Enter the Thunder and Tumbleweeds Market Trading Landscape 18 Defining Market Landscapes, Climates, and Terrains 20 The Five Laws of the Marketplace 26 The Profit By-Product 29 The Model of Excellence: Shokunin 30 The Excellent State of Excellence 34 Earnings Seasons: The Super Bowl of Momentum 35 Global Influences: Europe, China, and the World 38 CHAPTER 2 The Hybrid Market Predator 43 The Hybrid Market Predator 43 Relevant Traits of the Three Skillsets 44 Kurt Warner: Adversity Conditioning Model 45 Pockets, Pockets, Pockets 48 Properly Aligning Your Personal Perspective 49 Manifesting By-Product into a Product 51 The Eight-Step Process to Turn Idea into Profit 55 viii Contents CHAPTER 3 The Morning Ritual 57 Hunting for Prey: Headliners and Corganic 58 The Gapper/Dumper Three‐Reaction Sequence 59 Ritual Religion 61 Wasted Effort 61 The Real Work, Don’t Skimp! 61 Law of Reciprocity Revisited 62 Fast and Simply Thorough (FAST) Chart Analysis 63 Step‐by‐Step Ritual Routine by Time 65 Evaluate the Climate 73 CHAPTER 4 The UndergroundTrader Trading System: The Katana 75 Recommended Online Direct Access Broker: Cobratrading.com 76 Configuring the Rifle Charts 77 The Role of the Bumpers: Moving Average Breakouts, Breakdowns, and Trends 79 The Four Parts of Trends: Consolidation → Break → Peak → Exhaustion 85 The Role of the Bumpers: Bollinger Bands 87 The Slope Effect 88 The Weekly and Monthly Moving Averages and Bollinger Bands 91 The Role of the Stochastics 91 Spotting and Trading Fades 93 The Two Most Important Price Patterns: Pups and Mini Pups 96 Stinky 2.50 and Five‐Level de Facto Price Bumpers 109 The (Only) Three Candlesticks I Use 111 Massive Volume Spikes 116 Mischievous Mistick Manipulation 119 The Essence of Stops 129 Less Is More Applies More Than Ever 132 Early and Mid‐Stage Perfect Storms 142 Three Levels of Stop Mindset 144 What to Do after a Disaster 145 The Three Steps for Proper Re‐Setting 146 Contents ix Purposely Add More Stocks to Watch List and Minders 149 Step‐by‐Step Healing and Recovery 150 The Unconditional Three STOP Rule 151 DSS: Defensive Sprawl Scaling 152 CHAPTER 5 The Perfect Storm Pattern Trade 157 What Is a Perfect Storm? 157 Perfect Storm Profile 161 Spotting Perfect Storm Opportunities with the Anchor Time Frame 165 How to Trade the Three Types of Perfect Storms 175 How to Play Trending Perfect Storms 177 Trading the Sympathy/Laggard Perfect Storm 180 The Tightening 181 Tightening Reversals 186 How to Play Tightening Perfect Storms 186 The Consolidation Break 189 How to Play Consolidation Break Perfect Storms 191 Repeating Nature of Perfect Storms 194 Double‐Hedged Sword Sequence Trade 197 How to Execute DHSS Trades 201 CHAPTER 6 Optimized Four-Level Research Process 205 Level 1 Research Process: Spot Technical Analysis and Headline Search 207 Level 2 Research Process: Digging Deeper into Fundamentals 211 Level 3 Research Process: Mining Perspectives 214 Level 4 Research Process: The Juicer, Full Immersion 216 The Afterglow Effect 221 CHAPTER 7 How to Prey for Playable Stocks to Trade 223 Stocks Are Battlegrounds and Participants Prey 224 Playability: Internal and External Factors 225 The Two Types of Playable Stocks: Headliners and Corganic 229 Where to Find Playable Stocks: Sources for Ideas 236 x Contents CHAPTER 8 Stalking Prey 243 Aging: Waiting for the Pattern to Form 244 Stalking: Setting an Alerts Minder on Your Trading Platform 244 CHAPTER 9 The Encounter from Start to Finish 247 Anxiety: Bad versus Good 247 React, Don’t Panic 248 Distinguishing Trade Entry Stages: Early, Impact, Late 249 The Complete Trade Sequence 256 Pretrade Process: Information Gathering and Analysis 256 Trade Execution Process: Entering the Position 258 Trade Management Process: Monitoring and Exiting the Position 258 Identifying Maladies in Your Trading 262 Post‐Trade Sequence Analysis 273 Reconstruct the Trade and Conditions Accurately 273 Summary 274 CHAPTER 10 Portfolio Trading: The Skillset of the Evolved Hybrid Market Predator 277 Market‐Calibrated Portfolio Creation and Management 278 General Capital Allocation 278 Activity Allocation = General Capital Allocation 280 Risk Averse Nature of Intraday Trading 280 Her Majesty, Queen Leverage 281 Application of Well‐Managed Allocation Management 282 truTV: “Not Reality. Actuality” 282 Constructing the Portfolio 282 General Macro Market Analysis and Allocation Assessment 283 Qualifying the Three Types of Trade Considerations 284 Intraday Trade Profiles 285 Position Trade Profiles 290 Active Portfolio Management 298 Options Strategies 299 Contents xi Delta Neutral Hedging 300 Covered Calls: Creating Your Own Dividend 301 Bullish Call Debit Spreads 301 Bearish Call Debit Spreads 302 Portfolio Trading Schedule of Activity 302 Harnessing Your Hybrid Evolution 303 CHAPTER 11 Conclusion: Cultivating Your Personal Evolution 305 Acknowledging the Spirit 305 Elements That Affect One’s Spirit 306 Broken Spirits’ Blowout 309 Nourish Your Spirit 310 Continuing Your Progress 311 APPENDIX A My Trading Tools and Anatomy of Pattern Trades 313 Suri Duddella About the Video 333 About the Author 335 Index 337

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